EGCO : Better 2H22 Outlook
Maintain BUY rating with a target price of Bt220 derived from DCF, implying 9.5xPE’22E. Despite reported net loss of Bt777m in 2Q22 due to...
259 Views
EGCO: Clean Energy Transition to Relegate ESG Concerns
The analyst meeting came out in a positive tone. The solid 2022 earnings outlook, decent dividend yield and lowering ESG concerns from transition...
503 Views
EGCO: Undemanding Valuation and Bright 2022 Outlook
Yesterday analyst meeting came out in a positive tone. We maintain the BUY call based on a target price of Bt220.0 derived using DCF methodology...
474 Views
EGCO: Targets 15% Growth from New M&A’s in 2022
Yesterday analyst meeting came out in a positive tone. We maintain the BUY recommendation based on a target price of Bt220.0 derived using DCF...
311 Views
EGCO: Positive 2H21 Earnings Outlook
Yesterday analyst meeting came out in a positive tone. We maintain the BUY recommendation based on a target price of Bt220.0 derived using DCF...
269 Views